Fiscal Policy, Profits, and Investment [PDF]
This paper evaluates the effects of fiscal policy on investment using a panel of OECD countries. In particular, we investigate how different types of fiscal policy affect profits and , as a result, investment.
Alberto Alesina +3 more
core +8 more sources
Investment With Uncertain Tax Policy: Does Random Tax Policy Discourage Investment? [PDF]
We consider the impact of tax policy uncertainty on firm level and aggregate investment, comparing investment behaviour when uncertainty is due to a shock following Geometric Brownian Motion (GBM) versus when random discrete jumps in tax policy occur. Expectations of the likelihood of a tax policy switch have an important negative impact on the gain to
Gilbert E. Metcalf, Kevin A. Hassett
core +3 more sources
Monetary Policy and Intangible Investment
We contrast how monetary policy affects intangible relative to tangible investment. We document that the stock prices of firms with more intangible assets react less to monetary policy shocks, as identified from Fed Funds futures movements around FOMC announcements.
Robin Döttling, Lev Ratnovski
openalex +6 more sources
Strategic Policy Overreaction as a Risky Policy Investment [PDF]
Policy overreaction is a policy that imposes objective and/or perceived social costs without producing offsetting objective and/or perceived benefits. It is therefore an objective fact and, at the same time, a matter of interpretation.
Moshe Maor
doaj +2 more sources
Investment under uncertainty and policy change. [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Kort, P.M., Pawlina, G.
core +11 more sources
Monetary policy, debt maturity structure and corporate investment efficiency: Evidence from China. [PDF]
This paper examines the impact of monetary policy on corporate investment efficiency from the perspective of debt maturity structure by selecting data on Chinese non-financial listed firms and Chinese macroeconomic data from 2007-2022.
Liping Zheng +3 more
doaj +2 more sources
Time-varying preferences for ESG investments: evidence from an emerging market [PDF]
– This paper aims to examine the time-varying preferences for environment, social and corporate governance (ESG) investing in an emerging market. The investors seek ESG-conscious investments during a positive economic outlook, reflecting the time ...
Eunyoung Cho
doaj +1 more source
Extreme returns and idiosyncratic risks: evidence from an emerging market [PDF]
In this paper, we show that there is a negative premium for MAX stocks in the Korean stock market. However, there is no evidence that the MAX effect overwhelms the effects of idiosyncratic risk.
Eunyoung Cho
doaj +1 more source
Does perceived corporate citizenship affect on purchasing intention during the COVID-19 pandemic? Across the mediation impact of brand trust and consumer–brand relationship [PDF]
Purpose – This paper is to examine the direct relationship between perceived corporate citizenship (CC) and purchase intention (PI). This study also tests the mediating role of brand trust (BT), consumer–brand identification (CBI) and the moderating ...
H.A. Dimuthu Maduranga Arachchi
doaj +1 more source
Application of Mobile Operators’ Data in Modern Geographical Research
Mobile operators’ data are one type of Big Data. These are any data about events related to the use of a mobile phone. These data include subscriber identifiers and associated time and location attributes.
Roman Babkin +2 more
doaj +1 more source

